Robert T Fournier - 786-286-6960
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NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITY Exceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure. The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work. Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 5244 Alton Rd | $3,250,000 | 4/3 | 3,833 | 356 | $0 | ||
| 5965 Alton Rd | $3,700,000 | 3/3 | 4,061 | 377 | $0 | ||
| 707 W 54th St | $3,750,000 | 4/3 | 3,406 | 316 | $0 | ||
| 5625 N Bay Rd | $4,500,000 | 4/4 | 4,256 | 395 | $0 | ||
| 5309 Alton Rd | $4,695,000 | 5/5 | 6,011 | 558 | $0 | ||
| 5055 N Bay Rd | $4,800,000 | 5/3 | 3,980 | 370 | $0 | ||
| 5825 Alton Rd | $4,950,000 | 6/5 | 3,559 | 331 | $0 | ||
| 6020 Alton Rd | $5,800,000 | 4/4 | 3,510 | 326 | $0 | ||
| 5711 N Bay Rd | $6,000,000 | 4/4 | 2,988 | 278 | $0 | ||
| 5701 N Bay Rd | $6,990,000 | 4/4 | 3,623 | 337 | $0 | ||
| 5226 N Bay Rd | $24,000,000 | 9.09% | 6/7 | 6,876 | 639 | $0 | |
| 6380 N Bay Rd | $26,500,000 | 4/4 | 4,494 | 417 | $0 | ||
| 5300 N Bay Rd | $29,500,000 | 7/7 | 6,023 | 560 | $0 | ||
| 5004 N Bay Rd | $36,000,000 | 8/7 | 12,804 | 1,189 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 02/27/2026 | $6,200,000 | $6,850,000 | 7 | 5 | 5,735 | 1 year | |
| 02/20/2026 | $5,200,000 | $5,595,000 | 5 | 5 | 4,084 | 3 months | |
| 02/06/2026 | $8,750,000 | $8,750,000 | 7 | 6 | 7,034 | 1 month | |
| 01/14/2026 | $2,823,325 | $3,250,000 | 5 | 5 | 3,392 | 1 month | |
| 12/31/2025 | $5,000,000 | $7,100,000 | 6 | 4 | 5,700 | 6 months | |
| 12/19/2025 | $2,550,000 | $2,750,000 | 3 | 3 | 2,180 | 1 year | |
| 12/01/2025 | $2,900,000 | $3,079,000 | 5 | 3 | 2,264 | 1 year | |
| 11/21/2025 | $7,450,000 | $7,750,000 | 5 | 5 | 4,524 | 1 year | |
| 10/27/2025 | $2,400,000 | $2,400,000 | 4 | 4 | 2,982 | 1 month |
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